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83# Fibonacci Trend Strategy

Fibonacci trading with Macd filter

Price Action Strategy

 

Submit by Ketang

Fibonacci Trend Strategy is an strategy suitable for day trader and swing trader based on Finacci indicators bur following the direction of retracement.

Time Frame 15 min, 30 min, 60 min, 240 min.

Currency pairs: major, minor, Gold and Indices.

Currency pairs: major, minor, Gold and Indices.

Metatrader 4 Indicators

Elliott fib Indicator

Fibonacci Trend

Fibonacci Scalper

Instrument changer

MACD scalper

Trading rules Fibonacci Trend Strategy

Long entry

Fibo Trend Power with next higher time frames are green.

The price is not near the level Fibonacci 61.8 -

Fibo Scalper blue box.

MACD Scalper is green color.

Short entry

Fibo Trend Power with next higher time frames are red

The price is not near the level Fibonacci 61.8 -

Fibo Scalper red box.

MACD Scalper is gred color.

Do not make a trade whe there are impact news

 

Example sell in the picture trend red, trend power both red, MACD red for scalping exit at level Fibonacci level 61,8.

Fibonacci Trend Strategy
Fibonacci Trend Strategy

Example buy in the picture trend red, trend power both green, MACD green for scalping exit at level Fibonacci level 61,8.

Fibonacci Trend Strategy
Fibonacci Trend Strategy

Other examples

Fibonacci Trend Strategy
Fibonacci Trend Strategy
Fibonacci Trend Strategy
Fibonacci Trend Strategy
Fibonacci Trend Strategy
Fibonacci Trend Strategy
Fibonacci Trend Strategy
Fibonacci Trend Strategy
Fibonacci Trend Strategy
Fibonacci Trend Strategy

Telegram Channel: https://t.me/freeforexresources

Fibonacci Trend Strategy.rar
compressed file archive 793.7 KB
Eliott+fibo indicator.rar
compressed file archive 211.2 KB

Share your opinion

Comments: 2
  • #2

    Doc (Sunday, 01 March 2020 09:01)

    Please someone help me. The folder has only EXE of the indicators. Not the MQL5. I'm trying to use it on MT5. Please help me. Thank you

  • #1

    Dolner (Friday, 31 January 2020 05:25)

    Best System, but "Eliott+fibo indicator.ex" is not attached in the template. we have to add manually to the chart.
    Please check and fix or add this indicator to the template.

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